tag:blogger.com,1999:blog-6897513886211197509.post3574044365845915495..comments2024-03-28T12:38:11.434+08:00Comments on Singapore Man of Leisure: Go stand outside the classroom!Singapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger84125tag:blogger.com,1999:blog-6897513886211197509.post-78140033090239103162013-12-09T11:27:50.772+08:002013-12-09T11:27:50.772+08:00temperament, people who never profited when market...temperament, people who never profited when market drop, they also never lost when market "chong", please bare it in mind.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-69965739410924896672013-12-09T10:42:32.638+08:002013-12-09T10:42:32.638+08:00about this trader, he holds 100 lots, thats 360 x ...about this trader, he holds 100 lots, thats 360 x 200 x 100 = 7 millions worth of underlying stocks, thats crazy for an account less than 5 millions in my opinion.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-27259279828306224472013-12-09T10:38:05.765+08:002013-12-09T10:38:05.765+08:00don't get dispare just yet, things like that c...don't get dispare just yet, things like that can also help a trader to profit, remember the asiason? this time i'm on the wrong side, so be it.<br /><br />the harder it is actually can be a better thing in the long run, for the experience one ofcos.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-55551673764495333662013-12-09T10:33:19.804+08:002013-12-09T10:33:19.804+08:00heard of kamakazi? why not!heard of kamakazi? why not!coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-72080248010215093512013-12-09T10:09:54.714+08:002013-12-09T10:09:54.714+08:00coconut,
I almost shorted the Simsci Friday night...coconut,<br /><br />I almost shorted the Simsci Friday night when the NFP numbers came out. <br /><br />Saw the reversal and shut of the PC and quickly went to bed hiding under the blanket. Fight or flee? I flee!<br /><br />Now good news is good news? Trading can be %##$*&$!!@$$ at times ;)<br /><br />coconut, Fat made a new post about a trader. Go take a look. This trader can hold 100 Simsci one time !!!??? Wow! Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-11100337889823617552013-12-09T09:59:14.364+08:002013-12-09T09:59:14.364+08:00Money Honey,
My sibling left yesterday.
Now got ...Money Honey,<br /><br />My sibling left yesterday.<br /><br />Now got time to think what to write... The weather?Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-55385415625955637312013-12-09T09:58:53.975+08:002013-12-09T09:58:53.975+08:00and smol, please don't use the word squeeze wh...and smol, please don't use the word squeeze when i trade ok!coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-44368003644795356292013-12-09T09:58:08.711+08:002013-12-09T09:58:08.711+08:00and the Emini, the only console i have is,
its Em...and the Emini, the only console i have is,<br /><br />its Emini! <br /><br />haha, knn!coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-14524428497819733452013-12-09T09:51:16.491+08:002013-12-09T09:51:16.491+08:00wow wow wow what a morning!!!
still nigesting the...wow wow wow what a morning!!!<br /><br />still nigesting the news, i was only a few km away when the riot started, i was at middle road, should have go over and see but i heard nothing!coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-68192213158829834052013-12-09T01:57:11.394+08:002013-12-09T01:57:11.394+08:00it's almost one week now. write more soon. o...it's almost one week now. write more soon. otherwise the punishment is to stand on a chair outside your house. haha .... just joking. don't keep your fans wait too long, hoping to see your next posting soon. Money Honeyhttps://www.blogger.com/profile/06816123060281181046noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-85526939736868384542013-12-06T21:03:53.931+08:002013-12-06T21:03:53.931+08:00coconut,
This is very high level Zen trading stuf...coconut,<br /><br />This is very high level Zen trading stuff!<br /><br />Sunk cost fallacy is easy to understand; but very difficult to execute as we are "human" :(<br /><br />Money losing veterans who jump from one trading course to another often in denial it is not the Method that let's them down.... It's the Mind and the Money Management part. <br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-34802366016057237352013-12-06T20:56:19.860+08:002013-12-06T20:56:19.860+08:00My older sibling working in China has come back to...My older sibling working in China has come back to Singapore for a week.<br /><br />This afternoon we went out to Gardens by the Bay. Flower Dome and Cloud Forest very interesting! My first time there.<br /><br />Money is important. But free time is just as important. Good to slow down and smell the flower once in a while.<br /><br /><br /><br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-938603480192333702013-12-06T20:49:16.667+08:002013-12-06T20:49:16.667+08:00coconut,
It's not about the price drop of ex-...coconut,<br /><br />It's not about the price drop of ex-div. This the market has discounted like you say.<br /><br />It's when my stock is going ex-div in 2 or 3 days time and I am bearish on the market. That's when selling the Simsci makes more sense to me than simply trading around a core position by selling some of my shares ;)<br /><br />Most SGX retail "investors" once we mention CFD or futures will immediately turn off... Too risky they say.<br /><br />Risk is not knowing what you are doing.<br /><br />Derivatives have a role in hedging out risks - a bit like buying insurance?<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-56508743631425168772013-12-06T20:40:21.640+08:002013-12-06T20:40:21.640+08:00temperament,
May the force be with you.
Practic...temperament,<br /><br />May the force be with you. <br /><br />Practice with a small position first. Once battle tested, take off the gloves ;)Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-37476010603923329392013-12-06T17:59:49.531+08:002013-12-06T17:59:49.531+08:00i prefer to short (trade) S&P 500 because it&#...i prefer to short (trade) S&P 500 because it's not easy too "hanky panky" with her. And she should never suddenly just jump down the cliff-Suicidal tendency some individual stock may threaten you with.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-84215410623514480312013-12-06T17:30:46.782+08:002013-12-06T17:30:46.782+08:00O.K. Plain and Simple. for buying and selling. But...O.K. Plain and Simple. for buying and selling. But then there are 101 reasons for market movements. Your guess or "calculation" is as good as anybody else. Ah i remember you said "pattern recognition" and mechanized your strategy.<br />But i have not profited before when the market tanks. i must find a way to do so.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-54160651016112033112013-12-06T13:36:33.897+08:002013-12-06T13:36:33.897+08:00and one more very, i mean very important thing, wh...and one more very, i mean very important thing, why must be profitable then can sell? why can't you sell if you lose?<br /><br />this idea cost most of the traders to get clean out!<br /><br />you sell when you think market is going down and you buy when you think its going up, plain and simple. don't look at your position profit or loss, got nothing to do with market movement!coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-10358469201146439902013-12-06T13:26:13.369+08:002013-12-06T13:26:13.369+08:00and if you have a long position on stocks, like wh...and if you have a long position on stocks, like what smol says, you can just short the indexes, partially to hedge your long position and partially to go net short.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-189154031977120722013-12-06T13:20:28.253+08:002013-12-06T13:20:28.253+08:00if, only if you think the market is going down, of...if, only if you think the market is going down, ofcos you short la, if you think its going to rain with thunder, still want to go swimming mah?<br /><br />you can't be thinking one way and do the other way right? sound so illogical. but most of the time you don't know where the market is going so you go to have some strategy put in place just in case.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-21802902159485081532013-12-06T13:09:59.450+08:002013-12-06T13:09:59.450+08:00i was actually thinking if you think the market is...i was actually thinking if you think the market is going to tank, it's better to short with a no long position. Am i right?<br />Actually if i have a long position, i should liquidate the long first (while my stock holding is still profitable) then short, then long. if i can pull it over, then i will be net, net cash.<br />Ha! Ha!<br />Sound like crystal ball or tea leaves reading, lol.<br />But i am talking about strategy?<br />Can it be "mechanized"?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-88392054600852746982013-12-06T12:46:07.107+08:002013-12-06T12:46:07.107+08:00and i don't get it when you say can't sell...and i don't get it when you say can't sell cos of ex-dividend soon, why?<br /><br />cum-dividend is already build into the share price and will be discounted once its ex-dividend immediately. so i don't see why you can't sell cos of dividend.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-55463243126363548642013-12-06T12:38:23.571+08:002013-12-06T12:38:23.571+08:00smol actually i don't want to huat quick quic...smol actually i don't want to huat quick quick you know, i rather the market go slow on the down side! ya slow!<br /><br />too quick i might need to cover my short already.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-12046499205405601812013-12-06T12:34:46.055+08:002013-12-06T12:34:46.055+08:00choi! choi! choi!
i no need tapper or no tapper, ...choi! choi! choi!<br /><br />i no need tapper or no tapper, i don't care whats comes out. but yesterday if i'm not wrong, the data was very good yet the market up a little then down again. good news is sometime bad and bad is sometime good, to hell with fundalmantal haha.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-16208644309551062102013-12-06T11:54:10.325+08:002013-12-06T11:54:10.325+08:00temperament,
I think trading around a core positi...temperament,<br /><br />I think trading around a core position like what you do for stocks is a humble way to approach the market.<br /><br />If I think the market is "toppish", I take some money off the table. <br /><br />If I right, I have some cash to take advantage of the dips.<br /><br />If I wrong, I still have some positions to enjoy the ride up further (make less that's all).<br /><br />I've learnt from my past hubris going 100% all in and 100% all out. Ouch!<br /><br /><br />I hedge (short) the Simsci when I can't sell my shares that are going ex-dividend soon,<br /><br />For eg, for shareholders of Singtel and SPH, if they had shorted the SImsci at 370, they would have offset the Simsci profit with the "unrealised loss" of their Singtel and SPH counters recently ;)<br /><br />But if you "investor" for the long term, you don't care about such "squiggles".<br /><br />I not so "garang" as coconut. He is pure directional play when he shorts the S&P futures AND short SGX stocks!<br /><br />If Non-Farm Payroll tonight below expectations and taper off, risk management must be in place to minimise the short squeeze.<br /><br />If taper on, coconut huat big big as S&P and STI will gap down again next week.<br /><br />Now who wants to be a trader? You need baxxs of steel!<br /><br />LOL!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-20214287318620131842013-12-06T10:42:03.159+08:002013-12-06T10:42:03.159+08:00You are right, of course. After shorting order hav...You are right, of course. After shorting order have to put in a buy order. This is the tricky part. This buy order can be structured in more than one way. i suppose. Maybe coconut with your experience, you can find a new type of order one day. And don't forget us then. No joke lah. Serious. Anything can happen in the Market.Anonymousnoreply@blogger.com